On 22 December 2019, Finance Bill 2019 was signed into law by the President. Below is a brief overview of some of the key changes being introduced into Irish law on foot of this of relevance for corporate treasurers, namely:

1. Introduction of hybrid mismatch rules;

2. Updates to Irish transfer pricing rules;

3. Transposition of EU Mandatory Disclosure rules into Irish law; and

4. Other technical amendments of note;

a. Amendments to the section 110 securitisation regime;

b. Codifying existing practice relating to the tax treatment of stock borrowing and repurchase arrangements;

c. Clarifying the tax treatment of impairment losses on foot of the introduction of IFRS9

In addition to the above, other recent tax developments of note to corporate treasurers include:

1. Future changes to Irish interest deductibility rules;

2. OECD proposals for a global minimum tax rate

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